3 Ronald Reagan Charts That Will Blow The Minds Of Republicans (And Democrats)

As we examine how the economy will affect Obama's chances of getting re-elected, we've been going back through the first terms of other Presidents to see how things went.

Over the weekend, we looked at what the economy did under George H.W. Bush, and we found that things were mostly pretty good, with the exception of unemployment, which trended higher even after the recession ended. Most likely, that's what killed him in the 1992 election.

But if you want your mind blown, check out Reagan's first term.

First, check out this chart of effective corporate tax rates from 1981-1985.

There's no pure way to chart this on FRED, but you can hack it out by taking Federal Government Corporate Tax Receipts and dividing that into Federal Government Corporate Tax Receipts + Corporate Profits after tax. (Thanks to @jesse_livermore for pointing this one out).

As you can see, the first Reagan term saw a surge in the effective corporate tax rate.